Applications for the following loans from the British Boxer Indemnity Refund were approved:
A loan of £200,000 to the Ministry of Communications for the installation of a telephone system Unking up nine provinces.
Joan of £100,000 to the! Chekiang Provincial Government for the construction of a railway bridge over the Chien Tang river, which ig to be jointly undertaken by the Chektang Provincial Department of Reconstruction and the Ministry of Railways.
(3). "A loan of $2,000,000 to the! Huai River Conservancy Board for the construction of sluices.
The meeting also elected Messrs. R, Calder-Marshall and T.-K, Tseng as representatives on the—Sinking Fund Committee, and Messre. Chen Chi-tsai and "Hang Li-wu on the Loans Committee organized by the Ministry of Railways for the custody of the loan for the completion of the Tt Is understood that' the next] meeting of the Board will be held at Nanking on May 28—Kuo Min.
Text read from the printed page and cleaned; old type leaves the occasional error.